Core Viewpoint - Costco Wholesale has significantly outperformed the broader market, with a 200% increase in stock price over the last five years, doubling the S&P 500's return during the same period [1] Group 1: Sales Growth and Opportunities - Costco's sales have accelerated post-pandemic, with annualized revenue growth of about 11% from fiscal 2019 to fiscal 2024, compared to 8% from fiscal 2010 to 2019 [2] - The company has substantial growth opportunities in e-commerce and non-food sales, with e-commerce sales increasing nearly 16% year over year last quarter [6][7] - Costco's competitive advantage lies in its membership model, with nearly 80 million paying households, allowing it to offer low prices and continue expanding [4] Group 2: Expansion Plans - As of the recent quarter, Costco operates 914 warehouses globally, with plans to open 24 new locations in high-quality markets such as Sweden, Japan, South Korea, and Canada [5] - The company is experiencing double-digit sales growth in various non-food categories, including jewelry, toys, and home goods, indicating strong demand for diverse product offerings [8] Group 3: Valuation Concerns - Costco's stock trades at a high earnings multiple of 54 times forward earnings, significantly above the S&P 500's forward P/E ratio of 26 [9] - The current P/E ratio is also above Costco's five-year average of 44, raising concerns about the sustainability of such a high valuation given the slowing sales momentum in e-commerce and non-food sales [10][11] - Analysts expect long-term earnings growth at an annualized rate of 9%, which may not justify the current high P/E, potentially leading to disappointing returns for investors [11][12]

7月11日，位于河西中央科创区的南京阿里中心正式开放，这是阿里巴巴在江苏的首个自建园区，阿里巴巴旗下淘天、云智能、国际数字商业、菜鸟、本 地生活和虎鲸文娱等江苏业务在此实现聚合办公。南京阿里中心同时面向创业企业开放，并将在南京市建邺区政府指导下，聚焦人工智能、跨境电商等方 向，开放亲橙创业空间，提供配套创业服务。 南京市政府副市长蒋敏；南京市政府副秘书长郑晓明；建邺区委书记，市河西管委会党组书记、主任姜宸；建邺区委副书记、区长贾晨到场见证。阿里巴 巴集团首席人才官蒋芳、阿里巴巴集团副总裁刘菲参加开园活动。 据介绍，目前南京阿里中心所在的建邺高新区已汇集建邺区95%以上的市级总部企业，根据建邺区政府的未来产业规划，南京阿里中心将聚焦人工智能、 跨境电商等发展方向，持续面向创业企业开放，吸引新兴数字企业入驻。 阿里巴巴首席人才官蒋芳表示："未来，南京阿里中心将在政府指导下，共建数字经济人才高地。我们也希望把阿里的创业精神带到南京阿里中心，共同 将这里打造成'人才生根、梦想发芽'的沃土，让更多梦想从这里出发，向未来生长！" 阿里巴巴集团副总裁刘菲介绍，自2017年与建邺区签署战略协议以来，8年来，阿里巴巴多个业务板 ...

We're pretty much all bargain shoppers one way or another, whether you want the bargain or not. I am curious, Amazon kind of set the tone for this. I mean, they were the ones pretty much out the gate as a retailer are basically we're going to offer you all the products you love at a price that undercuts everyone else.Now everyone's doing the same thing. How do you stand out. Yeah, so Amazon's definitely setting the tone this year and it's a very uncertain and different year than years prior.So this is the 1 ...

BEIJING, July 11, 2025 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, is pleased to announce that it has been invited to present at the upcoming Emerging Growth Conference.Date: July 17th, 2025Time: 9:40 – 10:10 a.m. ETRegistration Link:  https://goto.webcasts.com/starthere.jsp?ei=1717085&tp_key=408af67859&sti=uxinUxin cordially invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive prese ...

Core Insights - J&T reported strong operating data for 2Q25, with parcel volume increasing by an average of 24% YoY, primarily driven by a remarkable 66% YoY growth in the Southeast Asia (SEA) market [1][2] - The earnings forecast for 2025E/26E has been revised, with an increase of 18% for 2025E and a slight decrease of 2% for 2026E, reflecting an upward adjustment in parcel volume forecasts despite a minor reduction in pricing assumptions [1] - The target price (TP) has been raised to HK$10 from HK$6.9, indicating a positive outlook for J&T in the Hong Kong market due to its market share gains in the SEA region [1] Southeast Asia Market - The SEA volume surged by 66% YoY to 1.69 billion units, with growth accelerating from 50% in 1Q25, benefiting from strong sales growth from platforms like Temu, Shein, and TikTok [2] - Management believes that J&T has further strengthened its competitive advantage over major peers in terms of parcel volume growth in the SEA market [2] China Market - In China, parcel volume grew by 15% YoY to 5.6 billion units, although the growth rate slowed from 27% in 1Q24 [3] - The largest customer in China is PDD, followed by Douyin and Alibaba, with reverse parcels and individual orders accounting for 7% of total volume [3] - Management expressed a conservative outlook due to uncertainties from intense price competition [3] New Markets - New markets experienced a 24% YoY increase in volume to 89 million units, driven by growth in the Brazilian market [4] - J&T has initiated cooperation with Mercado Libre this year, and the entry of more e-commerce platforms into Brazil presents additional growth opportunities [4]

Core Insights - Terreno Realty Corporation (TRNO) reported a strong performance in Q2 2025, with significant increases in cash rents and occupancy rates, indicating robust demand in the industrial real estate sector [1][10]. Operating Activity - In Q2 2025, TRNO experienced a 22.6% increase in cash rents on new and renewed leases, with a total of approximately 0.8 million square feet and 9.2 acres of improved land leased [2]. - The occupancy rate for the operating portfolio reached 97.7%, reflecting a 110 basis points increase sequentially and 170 basis points year over year [3]. - The same-store portfolio, comprising around 14.1 million square feet, had a quarter-end occupancy of 98.5%, up 110 basis points sequentially and 240 basis points year over year [3]. Investment Activity - TRNO actively restructured its portfolio by selling non-core assets and acquiring value-accretive investments, which are expected to support long-term revenue growth [5]. - In Q2 2025, the company sold two properties, including six buildings totaling around 584,000 square feet, for an aggregate sale value of $114.5 million, while acquiring six industrial properties for $123.5 million [6]. Development and Redevelopment Activity - As of June 30, 2025, TRNO had six properties under development or redevelopment, which will consist of nine buildings totaling around 0.9 million square feet, currently 47% leased [8]. - The company also has approximately 22.4 acres of land earmarked for future developments, with an estimated investment value of around $436.4 million [8]. Capital Market Activity - In Q2 2025, TRNO did not issue any shares under its at-the-market equity offering program and did not repurchase any shares under its share repurchase authorization [9]. Financial Position - As of June 30, 2025, TRNO had no outstanding borrowings under its $600 million revolving credit facility and no debt maturities in 2025, with $50 million of debt maturing in 2026 [11]. Industry Context - The industrial real estate sector is benefiting from the rising e-commerce market, which is driving demand for logistics infrastructure and efficient distribution networks [12]. - TRNO is well-positioned to capitalize on these trends due to its modern logistics facilities and strategic expansion efforts [13].

Customer Service & AI Integration - Retailers are spending 1-5% of their revenues on customer service, indicating a significant investment area for AI impact [1] - AI can automate customer service by processing customer policies, product recommendations, and interacting via phone, email, and chat [1] - AI implementation in customer service requires risk management, human escalation for sensitive issues, and cost-benefit analysis [1] - AI agents will assist human agents in customer interactions, escalating sensitive issues or approvals [1] Personalized Shopping Experience - By 2028, AI will create digital twins through direct interactions and online behavior tracking to enable hyper-personalized offers [1] - Retailers should start their digital twin journey with clean data and centralized data links to run AI models [1] - By 2030, AI will proactively suggest products and services through wearable devices and smart homes [1][3] Employee Experience - AI will enhance employee experiences by providing real-time insights into sales and customer preferences [4] - AI will be the foundation for customer and employee experiences in the next five years [4] Future of Retail - AI will deeply impact daily lives and transform the retail experience [5] - The future of retail with AI is transparent and compelling [5]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

You're really already seeing Jameel Adobe Analytics saying that US retailers drove close to 8 billion in online spending on July 8th, up almost 10% and single biggest e-commerce day so far this year is that's been good. Therefore. Yeah, we we just started the event yesterday, so it's very early, but we're really pleased by the engagement that we're getting from our customers and our members.Not only is the event twice as long, so four days as you mentioned, but we're also offering more than double the numbe ...

[Music] Um, I say partly because New experience. Risky play. the needs for experience, the needs for risky play.Um, what do you want to do in the futures. What's your plans. These questions has been asked over and over again at different stages of our life.As a child, I dreams of becoming a police officer simply because it seems cool. In primary school, I aspires to become a wellwining girl due to my training in Taekwondo. And in middle school, my love of biology lead me to dreams of becoming a doctor.Yet t ...